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. >> reporter: can a middle class tax hike be prevented if the wealthy get a tax cut? >> it's not mathematically possible. >> it is mathematically possible. it's been done before. >> it has never been done before. >> reporter: on the style side, biden smiled a lot. ryan, a debate rookie, kept his cool. so did ryan add to the romney momentum or did biden help put the obama campaign back on track? now the pollsters go to work to try to figure o that out while voters digest the second of four debates. danville, kentucky, i'm steve handles men, nbc news, lynn, back to you. >>> steve, thanks so much. nbc's andrea mitchell led our truth squad in danville last night with a fact check of the debate. she started with the deadly september 11th attack on the u.s. consulate in benghazi and paul ryan accusing the obama administration not correctly protecting the personnel. >> what we should not be doing is rejecting claims for calls for more security in our barracks, in our marine. we need marines in benghazi when the commander on the ground says we need more forces for security. t
. >> reporter: can a middle class tax hike be prevented if the wealthy get a tax cut? >> it's not mathematically possible. >> it is mathematically possible. it's been done before. >> it has never been done before. >> reporter: on the style side, biden smiled a lot. ryan, a debate rookie, kept his cool. so did ryan add to the romney momentum or did biden help put the obama campaign back on track? now the pollsters go to work to try to figure o that out while voters...
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Oct 14, 2012
10/12
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it is a progressive way of taxing. it is most stimulus thing you can do for the economy. >>> i don't get it give me the addition. why is that going to create more wealth? and spread it around? >> that's right. because you will increase the real incomes of the middle class of america. >> why? because they are going to have better jobs? >> no they'll have lower tax rates and less deductions, okay? that is the way it will average out. and they will be willing to spend, the same thing would be true of business. they would lose a lot of their deductions but they'll have lower rates. if you saw the numbers, okay, there is 1 frillian 12 libyan billion dollars that comes out of the tax revenue and 1 trillionian 1 lune hundred billion dollars that comes out of the legislation. >>> the elimination of the loophole, so to speak, the deduction, legitimate deductions, eliminates those. >> what loopholes? >> that takes care of the middle class. that will be spread out. >> revenue neutral. >> not bad. what is wrong with that. >> gover
it is a progressive way of taxing. it is most stimulus thing you can do for the economy. >>> i don't get it give me the addition. why is that going to create more wealth? and spread it around? >> that's right. because you will increase the real incomes of the middle class of america. >> why? because they are going to have better jobs? >> no they'll have lower tax rates and less deductions, okay? that is the way it will average out. and they will be willing to spend,...
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Oct 11, 2012
10/12
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the bank's ceo, jamie dimon, made headlines yesterday backing democrats on the tax cut debate saying he's willing to pay a higher individual rate. >>> meanwhile, westgate resort mogul david siegel best known for his 90,000 square foot home warned his 65,000 employees if president obama is re-elected he'll be forced to downsize or shut down entirely. >>> east man kodak wants a bankruptcy judge to end benefits to some 63,000 employees. gentleman on the data front, foreclosures dropped to a five time low and heating oil could be 19% more expensive this winter. >>> according to forbes, columbus, ohio, is the best u.s. city city for working moms followed by new orleans, hartford, cincinnati and providence. >>> it is the end of an era for coca-cola. the last iconic 6 1/2 ounce returnable bottles rolled off the production line in minnesota on tuesday. >>> and finally, a cheesy publicity stunt could earn someone a lot of dough. pizza hut is offering free pizza for life or over $15,000 to anyone willing to stand up and ask either candidate at next week's presidential debate if they prefer sau
the bank's ceo, jamie dimon, made headlines yesterday backing democrats on the tax cut debate saying he's willing to pay a higher individual rate. >>> meanwhile, westgate resort mogul david siegel best known for his 90,000 square foot home warned his 65,000 employees if president obama is re-elected he'll be forced to downsize or shut down entirely. >>> east man kodak wants a bankruptcy judge to end benefits to some 63,000 employees. gentleman on the data front, foreclosures...
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Oct 14, 2012
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the tax man is coming to you. >> device for the bench of the beit. >> folks, use your common sense. who do you trust on this? a guy who introduced a bill that would raise its $6,400 a year, knowing it and passing it and romney said he will sign it were me and the president? >> did joe biden stock the romney wave? >> you're going to win? >> yes. >> the washington over benghazi. >> you ask him for the son, you'll get the stars. >> i hope the court rules that a student's race and ethnicity should not apply when applying to university. >> paul ryan got the edge in the vice-presidential debate. and an insnt cbs will give it to joe biden. new york times said it was a debate with clarity and fervor, and the washington post -- the debate gave viewers a real boost. >> medicare and social zuccotti did so much for my own family. we will let jeopardize this -- medicare and social security did so much for my own family. we will not jeopardize this program. >> the bottom line is that ople have to pay more money out of their pocket. >> talking points memo asked the question should obama supporters
the tax man is coming to you. >> device for the bench of the beit. >> folks, use your common sense. who do you trust on this? a guy who introduced a bill that would raise its $6,400 a year, knowing it and passing it and romney said he will sign it were me and the president? >> did joe biden stock the romney wave? >> you're going to win? >> yes. >> the washington over benghazi. >> you ask him for the son, you'll get the stars. >> i hope the court...
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Oct 13, 2012
10/12
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a trillion dollar tax cut for the very wealthy. i was there, i voted against them. i said, no, we can't afford that. now all of a sudden these guys are so concerned about the debt that they created. >> congressman? >> joe and i are from similar towns. he's from strain ton, pennsylvania and i'm from janesville, wisconsin. dewpoint hot unemployment rate was in strain ton today? >> sure do. >> do you know what it was when you came. >> did biden turn the tables and put the focus more on romney's agenda? >> paul ryan didn't get much of a chance to put the onus on biden for anything. look, i think he it go out there. he tried to the extent that he could while he was dodging the kitchen sinks that were coming at him to put some information out there, continue to further the romney agenda, the sort of positive vision for the economy you but he didn't get a big chance. that's something mitt romney is going to have to be aware of and get ready for as he moves into this debate with owe -- obama. obama won't go on the stage and make the style mistakes joe biden did. >> the answ
a trillion dollar tax cut for the very wealthy. i was there, i voted against them. i said, no, we can't afford that. now all of a sudden these guys are so concerned about the debt that they created. >> congressman? >> joe and i are from similar towns. he's from strain ton, pennsylvania and i'm from janesville, wisconsin. dewpoint hot unemployment rate was in strain ton today? >> sure do. >> do you know what it was when you came. >> did biden turn the tables and put...
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Oct 14, 2012
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10 years. >> there are not enough rich people and small businesses to tax to pay for the pending. next time you hear them say don't worry about. we'll get the wealthy people to pay their fair share watch out, the tax bill is coming to you. >> with us is dan, and collumist bill, and jason riley and washington columist kim strassel. >> he was doing what he was asked to do which is to energize the base. after the debate performance by obama. democrats were worried. but less so after the vice-presidential debate. that was joe biden's concern. >> how did he do that? >> he did that mentioning things that the democrats want the president. the fren percent . autobailout and he served up a lot of red meat. >> what about paul ryan. how did he hold up under the onslaught. >> paul ryan's job was to go in well dollar. everyone knew what was coming. joe biden lambasting him and his job was to go out and meet and refute and call them out on i and generally not put in big errors that dominant the discussion and check the romney campaign and he did do that. >> one of the features of the debate was
10 years. >> there are not enough rich people and small businesses to tax to pay for the pending. next time you hear them say don't worry about. we'll get the wealthy people to pay their fair share watch out, the tax bill is coming to you. >> with us is dan, and collumist bill, and jason riley and washington columist kim strassel. >> he was doing what he was asked to do which is to energize the base. after the debate performance by obama. democrats were worried. but less so...
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Oct 12, 2012
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ryan, romney tax cut plan. did either side make the case that their tax ideas were better? >> no is the answer. but what kills me is this president extended the tax cuts last year with the rationale that you don't increase taxes during a recession. >> but trying to pin paul ryan down on the specifics of what deductions he would get -- what he would take away to fill in that $5 trillion or whatever it is, and he wouldn't answer the question. >> , first of all, neither side has done that, and the little pbs comment from the last debate led to all sorts of big bird -- what paul ryan and what mitt romney said during the campaign is, when president reagan sat down, it was democratic leadership, everything is on the table. hit's get it done. we both know that, because we've both been there. we've both been part of compromises. >> when you heard him refuse to give any specifics without a win for the democrats. >> i think it's going to be a win for those people who really take it seriously. the fact is, it doesn't add
ryan, romney tax cut plan. did either side make the case that their tax ideas were better? >> no is the answer. but what kills me is this president extended the tax cuts last year with the rationale that you don't increase taxes during a recession. >> but trying to pin paul ryan down on the specifics of what deductions he would get -- what he would take away to fill in that $5 trillion or whatever it is, and he wouldn't answer the question. >> , first of all, neither side has...
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Oct 13, 2012
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taxes, doyle. one of the things they were -- will argue about is who will cut your taxes and raise your taxes. how do we see this play out on the stage at the debate last night? in a way that it mirrors what we've been seeing on the campaign trail? >> well, you had a serious debate over taxes. one of the things i think jeff is absolutely right. that debate between the vice-presidential candidates was about reaffirming the argument of each side's partisan base. if the word "bipartisan" was spoken during that debate, i missed it. gwen: no. it was spoken. but it was spoken by paul ryan. making the case that that's how they can solve problems. >> arguing that it could be bipartisan but paul ryan was actually going back to the republicans' 2010 playbook. where it was all about lower spending and tax cuts. joe biden was sticking to the -- the attack line of the obama campaign which is that mitt romney's tax cuts don't work. he must be hiding some details. he's trying to pull the wool over your isles. gwe
taxes, doyle. one of the things they were -- will argue about is who will cut your taxes and raise your taxes. how do we see this play out on the stage at the debate last night? in a way that it mirrors what we've been seeing on the campaign trail? >> well, you had a serious debate over taxes. one of the things i think jeff is absolutely right. that debate between the vice-presidential candidates was about reaffirming the argument of each side's partisan base. if the word...
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Oct 13, 2012
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tax cut unless you give the tax cut for the super wealthy. look, folk, use your common sense. who do you trust on this? >> sean: all right, joining me with analysis, charles krauthammer. you know, he also said holding hostage, they are down on america, they bet against america. you know, i would imagine if a republican said that they would be accused of questioning one's patriot. ism. >> there are two issues here, the media bias which is as constant as the sun rising in the east. have you to go with it because there is no other way. when you don't have a record, have you to do this kind of stuff. but you notice that biden can't get his story straight. he's talking about tax cuts for the super wealthy. that's not the position of his administration. what he is talking about tax cuts for anybody making over $200,000 a year that, could be super wealthy in his book, but have you a nurse and a firefighter, with a couple of kids and they could be at that threshold, calling them the super wealthy. i think it doesn't work that well. it seemed as if bi
tax cut unless you give the tax cut for the super wealthy. look, folk, use your common sense. who do you trust on this? >> sean: all right, joining me with analysis, charles krauthammer. you know, he also said holding hostage, they are down on america, they bet against america. you know, i would imagine if a republican said that they would be accused of questioning one's patriot. ism. >> there are two issues here, the media bias which is as constant as the sun rising in the east....
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taxes came up. i have to say, carl, i still don't feel i know a lot more about what their tax plans are and don't feel we got a lot of specifics out of that. >> so much attention tonight and tomorrow is focused on style, namely the laughter and grins that came from the vice president early on. the degree to which ryan appeared like he was trying to keep up to some degree and even martha getting widespread praise for most of the debate ending it with softball questions letting people think maybe it went on 20 minutes too long. >> again, the economy and jobs was brought up. biden had strong points where he took some of the shots that the left criticized president obama for not taking in the last debate. i guess the question becomes was he too strong at times and we'll have to see what some pundits say. >> there's a lot of discussion about unforced errors on ryan's part. you don't bring up and automobile crash when you're with the vice president who has personal experience and you don't mention jack ke
taxes came up. i have to say, carl, i still don't feel i know a lot more about what their tax plans are and don't feel we got a lot of specifics out of that. >> so much attention tonight and tomorrow is focused on style, namely the laughter and grins that came from the vice president early on. the degree to which ryan appeared like he was trying to keep up to some degree and even martha getting widespread praise for most of the debate ending it with softball questions letting people think...
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Oct 12, 2012
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jack kennedy lowered tax rates, increased growth. ronald reagan... >> oh, now, you're jack kennedy. >> woodruff: abortion also figured as a key issue in the debate. both men are catholics, and they were asked to describe their position, based on their faith. >> i don't see how a person can separate their public life from their private life or from their faith. and i respect people who don't agree with me on this. but the policy of a romney administration will be to oppose abortion, with the exceptions for rape, incest, and life of the mother. >> life begins at conception. that's the church's judgment. i accept it in my personal life. i just refuse to impose that on others, unlike my friend here, the congressman. i do not believe that we have a right to tell other people that women, they... they can't control their body. it's a decision between them and their doctor, in my view. and the supreme court-- i'm not going to interfere with that. >> woodruff: biden warned a conservative supreme court majority would overturn a woman's right t
jack kennedy lowered tax rates, increased growth. ronald reagan... >> oh, now, you're jack kennedy. >> woodruff: abortion also figured as a key issue in the debate. both men are catholics, and they were asked to describe their position, based on their faith. >> i don't see how a person can separate their public life from their private life or from their faith. and i respect people who don't agree with me on this. but the policy of a romney administration will be to oppose...
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Oct 12, 2012
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celine dionne and steven segal owe the most in unpaid taxes. segal owes nearly $350,000. >>> finally, music talent must run in the family. this is my favorite. according to ancestry.com justin bieber is a distant cousin of ry ry ryan gosling. this dates back to the earliest settlers. i would love to be a part of that. if there's an extra seat at the table. >> i'm lynn berry, this is "first look" on msnbc. be sure to stay tuned. way too early with willie geist starts right now. >>> only way you can find $5 trillion in loopholes is cut the mortgage deduction for middle class people, cut the health care deduction, take away their ability to take away their tax break to send their kids to college. >> is he wrong about that? >> he is wrong about that. >> how's that? >> you can cut the taxes and preserve the cuts for them. >> not mathematically possible. >> it is. it's been don
celine dionne and steven segal owe the most in unpaid taxes. segal owes nearly $350,000. >>> finally, music talent must run in the family. this is my favorite. according to ancestry.com justin bieber is a distant cousin of ry ry ryan gosling. this dates back to the earliest settlers. i would love to be a part of that. if there's an extra seat at the table. >> i'm lynn berry, this is "first look" on msnbc. be sure to stay tuned. way too early with willie geist starts...
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. >> jack kennedy lowered tax --
. >> jack kennedy lowered tax --
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on libya and tax, i thought that ryan had the clear edge. on entitlements and afghanistan, i thought biden scored. i would also say one thing about ryan, i was told going in that ryan was going to make this a big debate about big issues and it was only in the last 10 or 15 minutes that he made this talk about a big choice. here's where obama's going to take you, here's where he has taken you already. but on a lot of the issues, he got too far into the policy weeds and wasn't big enough. let's do a little fact checking. the biggest issue seemed to be what the vice-president had to say about libbia. let's take a clip from the debate. >> the intelligence community told us that, as they learned more facts about exactly what happened, they changed their assessment. that's why there is also an investigation headed by tom pickerring, a leading diplomat from the reagan years, who is doing an investigation to whether or not there were any lapse it's. >> martha: they wantedded more security there. >> we weren't told they wanted more security there. we
on libya and tax, i thought that ryan had the clear edge. on entitlements and afghanistan, i thought biden scored. i would also say one thing about ryan, i was told going in that ryan was going to make this a big debate about big issues and it was only in the last 10 or 15 minutes that he made this talk about a big choice. here's where obama's going to take you, here's where he has taken you already. but on a lot of the issues, he got too far into the policy weeds and wasn't big enough. let's...
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uncle sam saying no way to the company that lost millions of tax payer dollars. they cut 5 # $50 billion. what's the trob with the plan? >> the irs as well as the ende department opposed the bankruptcy plan of solyndra the solar company that got half a billion dollars from taxpayers before going bankrupt in the fall. the irs says solyndra's plan can't be approved because the purpose is to let solyndra's owners avoid future taxes. the only reason for it to exist post confirmation is to enable owners to exploit the tax attributes. >> according to the irs pose breaks are worth more than ones set aside for creditors. if it goes through they may get little to nothing for the loan. the irs goes on to say the company's owner to preserve the operating losses as they privately prepare for the fact that solyndra will go broke. it affects the bankly plan slated for wednesday. >> as government taxpayers hope we get some of that one back. statly ann? >> time for fox news health fix. a roundup of the week's top medical stories. the deadly meningitis outbreak and how doctors ar
uncle sam saying no way to the company that lost millions of tax payer dollars. they cut 5 # $50 billion. what's the trob with the plan? >> the irs as well as the ende department opposed the bankruptcy plan of solyndra the solar company that got half a billion dollars from taxpayers before going bankrupt in the fall. the irs says solyndra's plan can't be approved because the purpose is to let solyndra's owners avoid future taxes. the only reason for it to exist post confirmation is to...
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the most taxes. warwick owes 2.6 million while is he gal oes 350,000. >>> finally, talent must run in the family. according to ancestry.com justin bieber is a relative of ryan gosselin. their family links date back 400 years back to the earliest settlers. i promise i did not make this up. i do want to go to thanksgiving with them. >>> this comes to us from wtvj where former nba bad boy dennis rodman composed himself long enough for a special group of tea. he no longer dresses in drag but he shows he could still relate to the ladies. rodman was a special guest at a tea party hosted by a nonprofit at a new american girls store. he answered questions and advised the girls to keep failure out of their lives. >>> i'm lynn berry. this is "early today," your your first stop of the day today on your nbc station. >>> it is 4:28. a live look tside. 50 degrees outside our studios. what you can expect today and through the weekend is coming up. >>> our adversaries are much more willing to test us, and they're br
the most taxes. warwick owes 2.6 million while is he gal oes 350,000. >>> finally, talent must run in the family. according to ancestry.com justin bieber is a relative of ryan gosselin. their family links date back 400 years back to the earliest settlers. i promise i did not make this up. i do want to go to thanksgiving with them. >>> this comes to us from wtvj where former nba bad boy dennis rodman composed himself long enough for a special group of tea. he no longer dresses...
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Oct 14, 2012
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he nailed paul ryan a couple of times specificly on the lack of any details on the tax plan. sesecondlyly paul ryan's request fostimulus funds two w written requests. that was one of the few times that paul ryan knew better than to respond. >> what about medicare and social security and up with the middle-class and? >> could be your a all day. at least they had a discussion about the economy as opposed to lalast weekk in the one-sided coersation. something ey should have touched on was immigration and edation. but i think they were guided pretty much by the moderator. i think she did a great job in conducting this. i don't find the debate wanting on substantive issues. >> if you're my age and you are watching this thing and you're worried about m medicare and social security, charles, which of these individuals do believe? >> it depends on who you arere predisposed to believe. joe biden is a new deal liberal. whereas his own president is willing to contemplate, say, raising the retirementt age, joe biden said, no, we will not toucthese things. these things are sacred. everybo
he nailed paul ryan a couple of times specificly on the lack of any details on the tax plan. sesecondlyly paul ryan's request fostimulus funds two w written requests. that was one of the few times that paul ryan knew better than to respond. >> what about medicare and social security and up with the middle-class and? >> could be your a all day. at least they had a discussion about the economy as opposed to lalast weekk in the one-sided coersation. something ey should have touched on...
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then he can't deliver tax cuts. >> you can come up with a tax reform plan. increased revenue that takes down the rates, makes it fairer everybody. it's difficult, but you can do it. >> you can't take the rates down 20% though on top of the bush tax cuts. >> romney said, i have reform principles. they are going to help grow the economy and create jobs but the idea he can raise taxes is fanciful. he'll never do it. >> if you are going to cut taxes for the wealthy as much as mitt romney wants to there is no way or he would have put forth the pro growth plan. he's ring on magic like harry potter will be his treasury secretary. >> he's not going to be able to cut taxes for rich people. he doesn't want to. the idea of pro growth taxes -- >> didn't he say 20% across the board? >> he did, but he also said if you take up the deductions, rich people won't get a big tax break. that's the truth. if you go through the principles and think about it, how do you design a pro growth tax policy? you have to take down the race and get rid of deductions. the numbers can add up.
then he can't deliver tax cuts. >> you can come up with a tax reform plan. increased revenue that takes down the rates, makes it fairer everybody. it's difficult, but you can do it. >> you can't take the rates down 20% though on top of the bush tax cuts. >> romney said, i have reform principles. they are going to help grow the economy and create jobs but the idea he can raise taxes is fanciful. he'll never do it. >> if you are going to cut taxes for the wealthy as much...
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is my middle class tax cut going away, is my home mortgage deduction going away. that matters. >> did he mention he dra so much water? look at the montage here of at least seven occasions, which is not a whole lot by any means where ryan keeps on gluging in a very nervous, repetitive way. it's always the same technique. the lean over, long stare into the cup, boom. i was amazed he kept it all in. what did you make of his extraordinary water intake? because joe biden didn't drink at all. >> i think staying hydrated is really important. yeah, i think that joe biden has been in politics forever. he's very comfortable in a debate setting. paul ryan is a younger guy and i think he did a really great job holding his own in a debate that was predominantly foreign policy which has been joe biden's kind of wheelhouse during his entire long career in politics. you know, for me, for paul ryan to hold his own in that kind of environment, even if he's got to drink a lot of water to kind of keep cool and just stay level-headed, i think he did a good job. i'm proud that paul rya
is my middle class tax cut going away, is my home mortgage deduction going away. that matters. >> did he mention he dra so much water? look at the montage here of at least seven occasions, which is not a whole lot by any means where ryan keeps on gluging in a very nervous, repetitive way. it's always the same technique. the lean over, long stare into the cup, boom. i was amazed he kept it all in. what did you make of his extraordinary water intake? because joe biden didn't drink at all....
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massive tax officer. >>neil: look forward to seeing youin person tomorrow, in kentucky. thank you very much, sir. nd ic whom n"t five." >>eric: we will look at what is going on in benghazi and the hearings and find out what we knew, who knew what, when, whether there is a coverup, what going on and why we are o no nd oat w h ys t tst pants thg mpletely different. we will look into that. then well turn our tables to some media bias. tomorrow night is the big vice presidential debate. we want to know why it took the "daily calle to ft o waosie orent obama 20 years ago president obama attended her wedding the we will bigg indo -- we will dig into that. neil you talked about business leaders are pushing backrom presidmaolui evnn a j wan mr. otis and head of white castle. we will look at that and have fun with pickinon bl. th wh w attacked for supporting mitt romney, an african-american actress. she stood herround and she doubled down on it and we will talk about that. >>neil: thank you, eric. nd tmbas worried
massive tax officer. >>neil: look forward to seeing youin person tomorrow, in kentucky. thank you very much, sir. nd ic whom n"t five." >>eric: we will look at what is going on in benghazi and the hearings and find out what we knew, who knew what, when, whether there is a coverup, what going on and why we are o no nd oat w h ys t tst pants thg mpletely different. we will look into that. then well turn our tables to some media bias. tomorrow night is the big vice...
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and other taxes and at an effective rate higher than romney pays his taxes. over 10% of them are senior citizens on social security. the rest are disabled vets and veterans and military personnel fighting now. that's the 47%. the 47%, this nation depends on to build this country. folks, it's about time governor romney takes some responsibility. [ cheers and applause ] take some responsibility to help the american people, the middle class. instead of lining up to sign a pledge to a guy named grover in order kwis. >> ezra, i have to say for me one of my favorite moments in the debate was with him pointing out theffective rate romney pays compared to what other people in the real world pay. i'm not sure how many people jumped on that a as their favorite moment but. >> you and me, lawrence. >> but biden is finding more effective ways of isolating that romney tax return 14% number. >> it wasn't just that. biden i thought actually figured out what obama didn't figure out a week before which is how to deal with the ryan/romney ticket on taxes, medicare and social se
and other taxes and at an effective rate higher than romney pays his taxes. over 10% of them are senior citizens on social security. the rest are disabled vets and veterans and military personnel fighting now. that's the 47%. the 47%, this nation depends on to build this country. folks, it's about time governor romney takes some responsibility. [ cheers and applause ] take some responsibility to help the american people, the middle class. instead of lining up to sign a pledge to a guy named...